NAGENDRA VARA PRASAD KENGAM
Fund Services Supervisor -Real Estate Fund Services
Hyderabad
Summary
ACCOUNTS PAYABLE : Accounts Payable Specialist with 10+ years of experience driving smooth and efficient functions of accounts payable. Proven track record in managing full-cycle accounts payable, improving accuracy, verifying vendor invoices, and ensuring timely payments. Experienced and enthusiastic Consultant with track record of success across wide range of industries. Possesses exceptional interpersonal, problem-solving and analytical skills to provide advice and expertise to client organizations improving business performance. Experienced in all aspects of operations, strategy and finance.
Overview
18
18
years of professional experience
3
3
Languages
Work History
Fund Services - Supervisor
Citco Group Services (India) LLP
Hyderabad
2023.02 - Current
- Processed all vendor invoices promptly in accordance with client Policy.
- Oversaw Weekly & monthly accounting close process for timely and accurate reporting of financial information.
- Maintained internal controls over disbursement functions in accordance with strict controls.
- Completed month-end closings with journal entries and reconciling accounts.
- Optimized organizational systems for payment collections, AP& deposits, and recordkeeping.
- Maintained accurate transaction processing record.
- Performed daily accounting of assigned funds and performed fund analysis for critical decision-making purposes.
- Resolved accounting variances and estimated monthly closing accruals.
- Monitored and managed cash flows and expenses.
- Prepared cash and currency reconciliation reports for counterparty accounts.
- Resolved cash exceptions, evaluating impact on overall account status and reporting findings to stakeholders.
Senior Consultant
M/S. Virtusa Consulting Services Pvt. Ltd
Hyderabad
2017.03 - 2022.02
- Manage full-cycle accounts payable, including receiving, processing, and verifying 500+ invoices per month, averaging $1.5 million
- Reconcile processed invoices to ensure 100% accuracy by verifying entries and comparing system reports to balances
- Reduced vendor reclassification 100%, ensuring the accuracy of vendor coding and accounts payable batch output
- Distribute payments to vendors, monitoring discount opportunities and resolving discrepancies in purchase orders, invoices, and payments
- Payments completed weekly basis and Monthly BRS.
- Accruals completion different Geo's i.e APAC and EUROPE & INDIA.
Senior Accounts Executive
M/S.YTR Technologies Pvt Ltd
Vishakhapatnam
2016.06 - 2017.01
Senior Accounts Specialist
M/s. INNOPARK INDIA PVT LTD
Hyderabad
2015.04 - 2016.05
- Innopark is UK based a 100% EOU ITES Company
- Innopark is serving the overseas clients in online gaming.
Accounts Executive
Apex Knowledge Technology Pvt Ltd
Hyderabad
2012.01 - 2015.03
Audit Executive
BDO Haribhakti Group of Chartered
Hyderabad
2006.01 - 2011.01
- Accounts Payable: - (End to End Responsibilities)
- Maintaining Accounts Payable Registers, Vendor TDS compliance
- Processing the vendor payments with in Due date
- Preparing Bank Reconciliation Statements
- Monthly Payments Reports & Budgets for payments & prioritize list
- Vouching of all receipts and payments of cash and bank
- Preparing of Salary Reports
- (Salary advances deductions & arrears additions & incentive additions & TDS Deductions)
- Vendor payments from Bank account- weekly
- Preparing of weekly & monthly financial statements
- Monthly Budget Preparations
- Support on tax assessments, hearings, and proceedings
- Filing of returns as per Income Tax & Companies Act
- Investigating and resolving any AP invoice discrepancies with local suppliers
- Supporting internal audit and external audit Request
Education
Master's degree - commerce and Taxation
Nagarjuna University (NU)
Bachelor's Degree - Commerce
Andhra University. (AU)
Skills
MS-Office
Accomplishments
- CERTIFICATIONS:
- Computer applications certificate received from ICAI
- Computer application certificate received from ICWAI.
Work Availability
monday
tuesday
wednesday
thursday
friday
saturday
sunday
morning
afternoon
evening
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Timeline
Fund Services - Supervisor
Citco Group Services (India) LLP
2023.02 - Current
Senior Consultant
M/S. Virtusa Consulting Services Pvt. Ltd
2017.03 - 2022.02
Senior Accounts Executive
M/S.YTR Technologies Pvt Ltd
2016.06 - 2017.01
Senior Accounts Specialist
M/s. INNOPARK INDIA PVT LTD
2015.04 - 2016.05
Accounts Executive
Apex Knowledge Technology Pvt Ltd
2012.01 - 2015.03
Audit Executive
BDO Haribhakti Group of Chartered
2006.01 - 2011.01
Master's degree - commerce and Taxation
Nagarjuna University (NU)
Bachelor's Degree - Commerce
Andhra University. (AU)
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